R. Preston Feight is the CEO of PACCAR Inc, a top company in the commercial vehicle industry known for brands like Kenworth and Peterbilt. He took the CEO role in July 2019 after spending over 21 years at PACCAR in...
R. Preston Feight is the CEO of PACCAR Inc, a top company in the commercial vehicle industry known for brands like Kenworth and Peterbilt. He took the CEO role in July 2019 after spending over 21 years at PACCAR in various key positions, including President of DAF Trucks. His leadership is directly linked to the company's performance philosophy, which rewards executives based on hitting financial goals, particularly net income. This has led to his total compensation exceeding $20 million in 2023, a significant jump due to bonuses for outstanding results. Feight studied mechanical engineering, earning a B.S. from Northern Arizona University and an M.S. in Engineering Management from the University of Colorado. He’s known for his practical management style and focus on results, driving PACCAR’s strong performance since he stepped into the top role.